Berkshire Hathaway trims Apple and HP, loads up on Sirius XM and Chevron

Date:

Share post:



Warren Buffett’s Berkshire Hathaway Inc. loaded up on shares of Sirius XM Holding Inc. and Chevron Corp. in the fourth quarter, while selling out of a previous stake in home builder D.R. Horton Inc., according to regulatory filings.

Omaha-based Berkshire BRK.A BRK.B increased its stake in satellite-radio company Sirius XM SIRI to about $220 million in the fourth quarter, from roughly $43.8 in the third quarter, according to a 13-F quarterly filing with the U.S. Securities and Exchange Commission.

Berkshire…

Master your money.

Subscribe to MarketWatch.

Get this article and all of MarketWatch.

Access from any device. Anywhere. Anytime.

Subscribe Now

Log In



Source link

Alexandra Williams
Alexandra Williams
Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Recent posts

Related articles

The feds are scrutinizing credit-card rewards. That could help frequent fliers get more out of their miles.

The Department of Transportation and the Consumer Financial Protection Bureau are exploring possible regulation of the credit-card...

Coach, Kate Spade parent reports revenue miss amid weakness in North America

Tapestry’s stock dropped toward a four-month low in premarket trading Thursday, after the fashion company reported fiscal...

Junior bankers crumble under 90-hour weeks prompting fresh pushback

Investment banks are working their juniors as hard as ever, forcing many into working weeks that stretch...

AMC’s Q1 loss narrows and ‘better times are ahead’ says CEO Adam Aron

AMC Entertainment Holdings Inc. narrowed its loss in the company’s first-quarter results after the bell Wednesday, and...

Airbnb expects a stronger summer quarter, spurred by Olympics, but shares fall

Online vacation-rental platform Airbnb Inc. on Wednesday forecast second-quarter sales that were below Wall Street’s expectations, largely...

Why coffee futures may have already hit their peak for the year

Coffee futures rallied last month, with the benchmark robusta variety climbing to a record and prices for...

Reddit’s first post-IPO results are ‘mission accomplished,’ with international and data-licensing opportunities ahead

Reddit Inc.’s first quarterly results as a public company sent the company’s stock surging on better-than-expected revenue and...

Fed’s Kashkari doesn’t rule out a rate hike

The biggest question facing the U.S. central bank is whether inflation is going to continue to resume...